Dohmen, Thomas J; Falk, Armin; Huffman, David; Schupp, … - C.E.P.R. Discussion Papers - 2006
This paper presents new evidence on the distribution of risk attitudes in the population, using a novel set of survey …. We test the behavioral relevance of this survey measure by conducting a complementary field experiment, based on a … representative sample of 450 subjects, and find that the general risk question is a good predictor of actual risk-taking behavior. We …